CCH TAX NEWS for May 1, 2008

CCH TAX NEWS for May 1, 2008

FEDERAL NEWS

May's Tax Talk Program Highlights Electronic Tools for Tax Practitioners (IR-2008-67)

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Taxpayers May Withdrawal Economic Stimulus Payments from Tax-Favored Accounts Without Restrictions (Ann. 2008-44; IR-2008-68)

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Proposed Preparer Penalty Regulations Will Not Exclude Nonsigning Preparers
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Lease and Interest Expenses Resulting from LILO Transaction Not Deductible (BB&T Corp., CA-4)
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STATE NEWS

Arizona --Corporate, Personal Income Taxes: IRC Conformity Updated

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Arizona --Corporate, Personal Income Taxes: IRC Conformity Updated
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John H. Fisher
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